Csenge Advisory Group Has $10.70 Million Holdings in Walmart Inc. (NYSE:WMT)

Csenge Advisory Group decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,777 shares of the retailer's stock after selling 3,665 shares during the period. Walmart comprises approximately 0.6% of Csenge Advisory Group's investment portfolio, making the stock its 27th largest holding. Csenge Advisory Group's holdings in Walmart were worth $10,699,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. St. Louis Trust Co raised its holdings in shares of Walmart by 22.7% during the 1st quarter. St. Louis Trust Co now owns 18,411 shares of the retailer's stock worth $1,616,000 after acquiring an additional 3,411 shares during the period. AMG National Trust Bank raised its holdings in shares of Walmart by 4.1% during the 1st quarter. AMG National Trust Bank now owns 67,258 shares of the retailer's stock worth $5,905,000 after acquiring an additional 2,671 shares during the period. Private Advisor Group LLC raised its holdings in shares of Walmart by 0.5% during the 1st quarter. Private Advisor Group LLC now owns 753,887 shares of the retailer's stock worth $66,184,000 after acquiring an additional 4,105 shares during the period. Nwam LLC raised its holdings in shares of Walmart by 3.8% during the 1st quarter. Nwam LLC now owns 22,482 shares of the retailer's stock worth $1,974,000 after acquiring an additional 825 shares during the period. Finally, Diversify Advisory Services LLC raised its holdings in shares of Walmart by 152.9% during the 1st quarter. Diversify Advisory Services LLC now owns 51,361 shares of the retailer's stock worth $4,933,000 after acquiring an additional 31,051 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada restated an "outperform" rating and issued a $103.00 price objective (up previously from $102.00) on shares of Walmart in a report on Monday, June 9th. UBS Group lowered their price objective on Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Citigroup reissued a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Robert W. Baird boosted their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, Stifel Nicolaus lowered their price objective on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Two investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.67.

Walmart Stock Down 0.1%

Shares of WMT traded down $0.08 during trading hours on Friday, hitting $95.01. 14,622,243 shares of the company were exchanged, compared to its average volume of 18,156,813. The company has a market cap of $758.22 billion, a PE ratio of 40.60, a PEG ratio of 4.57 and a beta of 0.68. The firm's 50 day moving average is $96.81 and its 200-day moving average is $94.65. Walmart Inc. has a 52 week low of $66.67 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same quarter in the previous year, the firm earned $0.60 EPS. The firm's revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were issued a $0.235 dividend. The ex-dividend date was Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is 40.17%.

Insider Transactions at Walmart

In related news, EVP Kathryn J. Mclay sold 28,000 shares of the company's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total transaction of $2,716,000.00. Following the transaction, the executive vice president owned 1,064,455 shares in the company, valued at $103,252,135. This represents a 2.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Friday, June 20th. The shares were sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the transaction, the executive vice president owned 945,434 shares in the company, valued at $90,619,848.90. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 142,695 shares of company stock worth $13,710,162. Insiders own 45.58% of the company's stock.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.